After many years’ development, China’s bearing industry already has considerable production scale, high technology, and high quality standards. Bearing enterprises which have a certain scale have grown to more than 1,500. Employees have researched about eight million. The annual production of bearing products has increased from one hundred and thirty-eight thousand in 1949 to two billion. And the bearing brands increase from 100 to over 7000, up more than 28,000 specifications. Over the past 10 years, well-known foreign bearing companies (such as SKF, FAG, NSK, NBM, KOYO, TIMKEN, TORRINGTON, etc.) have invested and set up factories in China which has played a significant role in the improvement of the design, the production technology and production management, modernization of the production equipment, and the improved product quality and performance.
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